
FxWirePro: NZD/JPY bounces off 20-DMA support, good to go long on breakout at 81.15
Jan 18, 2018 08:36 am UTC| Technicals
NZD/JPY takes 20-DMA support and bounces higher on Wednesdays trade. The pair closed above 5-DMA and indicators on daily charts are turning bullish. Upside finds stiff resistance at major trendline resistance at...

Jan 18, 2018 07:27 am UTC| Technicals
Chart pattern: USDJPY forms the long lasting range of monthly plotting and hammer pattern candle that is bullish in nature to signal more rallies in the days to come. Observe current upswings spike above DMAs with bullish...

FxWirePro: USD/CHF consolidates in narrow range, good to buy on dips
Jan 18, 2018 07:00 am UTC| Technicals
USD/CHF is consolidating in narrow range after forming a temporary bottom at 0.95730. The pair jumped almost 90 pips from the low. It has recovered till 0.96667 and is currently trading around 0.96376. US industrial...

FxWirePro: BTC/EUR struggles at 100-DMA support, close below required for further downside
Jan 18, 2018 06:49 am UTC| Technicals
BTC/EUR struggles at 100-DMA which is offering strong support on the downside. The pair hit fresh 2-month lows at 7534 before paring losses to close above 100-DMA on Wednesdays trade. Price action is extending...

FxWirePro: EUR/GBP recovery capped at 200-DMA (0.8832), eyes major support at 0.8755
Jan 18, 2018 06:19 am UTC| Technicals
EUR/GBP was rejected at major trendline resistance at 0.89 on Wednesdays trade. The pair slumped lower on rally of the pound with no particular catalyst behind. Price action closed below major support at 200-DMA...

FxWirePro: Gold breaks trend line support, dip till $1308 likely
Jan 18, 2018 06:15 am UTC| Technicals
Trend line support - $1330 Gold declined almost $19 from high of $1343.80 made yesterday. The yellow metal halted its one month rally as dollar recovers from 3 year low. US dollar index has shown a minor recovery of...

FxWirePro: AUD/USD fails to extend employment data led gains, focus on China data dump
Jan 18, 2018 05:33 am UTC| Technicals
AUD/USD fails to extend employment data led gains, edges lower from session highs at 0.7994 to currently trade at 0.7963 levels. Aussie was hit by mixed Australian jobs data. Australia December employment change beats...